Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a global leader in both Power Management (2) and Embedded Processing solutions. The transaction results in a fast growing and innovative powerhouse, supporting Mobile Power, IoT and Automotive customers. The combined company will address an attractive, fast growing market opportunity of approximately $20 billion by 2019.

Atmel® Corporation (NASDAQ: ATML), a leader in microcontroller (MCU) and touch solutions, today announced three new two-channel solid state lighting (SSL) LED drivers that provide accurate color control for two-color LED light engines. In addition, the LED drivers deliver the most efficient power management, with the lowest component count, for high CRI LED lamps. Ideal for applications including general lighting, residential and commercial lighting, architectural lighting, and mood lighting, the LED drivers consist of the Atmel MSL2021, MSL2023, MSL2024; all can be accompanied with an Atmel AVR®  MCU or ARM® processor-based MCU for a complete system solution in a variety of luminaires and lamp configurations.

Atmel Corp. has launched new intelligent multistring LED drivers for the backlighting and solid state lighting markets. According to the company, their comprehensive portfolio of Atmel LED drivers offer design engineers efficiency optimizer (EO) technology, flexible dimming options, scalability across wide range of power levels, user programmability and lower bill of material (BOM). The LED drivers incorporate Atmel's patent-pending EO technology allows designers to use any DC-to-DC or AC-to-DC converter topology with isolated or non-isolated implement...